Steppe Gold Announces Final Instalment on Asset Sale
Steppe Gold Announces Final Instalment on
Asset Sale
Ulaanbaatar, Mongolia--(Newsfile Corp. - February 19, 2026) - Steppe Gold Ltd. (TSX: STGO) (OTCQX:
STPGF) (FSE: 2J9) ("
Steppe Gold
" or the "
Company
") announces that it has now received the final
instalment of approximately CAD$3m relating to the sale of the Aurifera Tres Cruces asset in Peru.
On August 1, 2024, the Company completed the sale of the Tres Cruces Oxide Project to Minera Boroo
Misquichilca S.A. and Boroo Pte Ltd. (as guarantor) for approximately CAD$12 million payable over
approximately 18 months (the "
Transaction
").
Payment instalments under the Transaction were received in September 2024, February 2025, and July
2025, and the final instalment was received on February 10, 2026.
Cautionary Statement on Forward-Looking Information
This news release contains certain statements or disclosures relating to the Company that are based on
the expectations of its management as well as assumptions made by and information currently available
to the Company which may constitute forward-looking statements or information ("
forward-looking
statements
") under applicable securities laws. All such statements and disclosures, other than those of
historical fact, which address activities, events, outcomes, results, or developments that the Company
anticipates or expects may, or will, occur in the future (in whole or in part) should be considered forward-
looking statements. In some cases, forward-looking statements can be identified by the use of the words
"anticipates", "expects", "plans", "will" and similar expressions. Forward-looking statements are based
on a number of assumptions and are subject to a number of risks and uncertainties, many of which are
beyond the Company's control, that could cause actual results and events to differ materially from those
that are disclosed in or implied by such forward-looking statements. Such risks and uncertainties
include, but are not limited to, the factors discussed under "Risk Factors" in the Company's most recent
annual information form and management's discussion and analysis, available on SEDAR+ at
www.sedarplus.ca
. The Company does not undertake any obligation to update such forward-looking
statements, whether as a result of new information, future events or otherwise, except as expressly
required by applicable law.
The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or
accuracy of the content of this news release.
Contact Information
Steppe Gold Ltd.
Dulguun Erdenebaatar, Chairman
Shangri-La office, Suite 1201, Olympic Street 19A, Sukhbaatar District 1, Ulaanbaatar 14241, Mongolia
Tel: +976 7732 1914
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/284497